Divaris Real Estate Announces $23.7 Million and 204,799 Square Feet in Completed Transactions for September 2018

Posted on October 05, 2018  /  in News Releases  /  No Comments

VIRGINIA BEACH, VIRGINIA: Divaris Real Estate, Inc. (DRE) announces the completion of 35 transactions totaling $23,684,466 and 204,799 square feet of sold, leased and renewed commercial property in Hampton Roads and Richmond, Virginia; North and South Carolina; and metropolitan Washington, DC in September 2018.

Sales Transactions

EMC North Park Center, LLC purchased a 1.3-acre retail parcel at 2460 Colony Crossing Place in Midlothian, Va., from Colony Investments I, LLC for $2,100,000. Harrison Hall and Peter Vick represented the buyer.

Lease Transactions

  • Victory Crossing, Portsmouth, Va

    Victory Crossing, Portsmouth, Va

    Farm Fresh will reopen its 57,643-square-foot supermarket in Victory Crossing Shopping Center at 4000 Victory Boulevard in Portsmouth, Va. DRE’s Levi Thomson and Kris Fuller and Leo Greco of Excess Space represented Supervalu. DRE’s George Fox represented the landlord.

  • Crunch Fitness leased 28,737 square feet of retail space in Chesterfield Towne Center at 11500 Midlothian Turnpike in Richmond. Peter Vick and Harrison Hall represented the tenant.
  • Shockwave Strength and Performance leased 23,491 square feet of retail space in Newport Marketplace at 315 Chatham Drive in Newport News, Va. George Fox and Kris Fuller represented the tenant.
  • Venture X leased 17,862 square feet of retail space at 1806 Summit Avenue in Richmond. Peter Vick and Harrison Hall represented the tenant.
  • An International Human Resources Firm leased 11,647 square feet of office space at 1901 Roseneath Road in Richmond. Read Goode and Cheryle Toy represented the landlord.
  • Dorsey Wright & Associates leased 5,662 square feet of office space in the Handcraft Building at 1501 Roseneath Road in Richmond. Read Goode and Cheryle Toy represented the landlord.
  • Burn Boot Camp leased 5,000 square feet of retail space in the Chesterfield Marketplace at 1208 Carmia Way in Richmond. Peter Vick and Harrison Hall represented the tenant.
  • JC Homelife, Inc. leased 4,400 square feet of retail space in the Irongate Village Shopping Center at 6403 Ironbridge Road in Richmond. Eric Hammond, Peter Vick and Harrison Hall represented the landlord.
  • Schreffler Chiropractic and ARCTIC leased 3,748 square feet of retail space at 2350 Clarendon Boulevard in Arlington, Va. Rob Gray represented the tenant.
  • Norfolk Vaping leased 3,000 square feet of retail space in Glenwood Shopping Center at 8401 Hampton Boulevard in Norfolk, Va. David Bickford represented the landlord.
  • Growing Smiles leased 2,457 square feet of retail space in Renaissance Square at 11124 Renaissance Square in Davidson, NC. Charles Neil represented the landlord.
  • F45 leased 2,400 square feet of retail space in the Short Pump Crossing Shopping Center at 3430 Pump Road in Henrico, Va. Ali McCrickard and Laikyn Severson represented the tenant.
  • KFC leased 2,382 square feet of retail space at 2721 Naylor Road, Southeast, in Washington, DC. Joe Farina represented the landlord.
  • Michael Michele Nail Spa leased 2,237 square feet of retail space in the Town Center of Virginia Beach at 180 Central Park Avenue. Erica Rorrer, Gerald Divaris and Sezin Cortinas represented the landlord.
  • Luxury Nails & Spa Lounge leased 2,200 square feet of retail space in Chapline Place Shopping Center at 772 Prince Frederick Boulevard in Prince Frederick, Maryland. Rob Gray represented the landlord.
  • Carma Auto leased 2,178 square feet of office space at 208 West Hampton Avenue in Capitol Heights, Md. Amit Grover and Joe Farina represented the landlord.
  • Taco Bell executed a 1.15-acre ground lease for a 2,057-square-foot restaurant in the Godwin Marketplace at 2906 Godwin Boulevard in Suffolk, Va. Levi Thomson represented the tenant.
  • Top Coat Nail Studio leased 1,956 square feet of retail space in Marlow Heights Shopping Center at 3897 Branch Avenue in Temple Hills, Md. Joe Farina and Chris Saa represented the landlord.
  • Talk More Wireless leased 1,500 square feet of retail space in the Kmart Plaza at 1220 Russ Avenue in Waynesville, NC. Diana Teitsma represented the landlord.
  • Hazen and Sawyer expanded its existing lease by 1,498 square feet to a total of 6,163 square feet of office space in the Handcraft Building at 1501 Roseneath Road in Richmond. Read Goode and Cheryle Toy represented the landlord.
  • Peak A View Baby leased 1,250 square feet of retail space in Berkshire Shops at 1296 South Battlefield Boulevard in Chesapeake, Va. Kayla Olson represented the landlord.
  • Beauty Assassin Studio leased 1,250 square feet of office space in Larkspur Square at 4700 Princess Anne Road in Virginia Beach. Kayla Olson represented the landlord.
  • The Joint chiropractic leased 1,200 square feet of retail space in North Hampton Market at 6019 Wade Hampton Boulevard in Taylors, SC. Charles Neil represented the landlord.
  • Grand Champion Barber Shop leased 1,080 square feet of retail space in Glenwood Shopping Center at 8401 Hampton Boulevard in Norfolk. David Bickford represented the landlord.
  • Master Key Realty leased 1,067 square feet of retail space in Harper Hill Commons Shopping Center at 121 Vinegar Hill Drive in Winston-Salem, NC. Hutch Farris and Charles Neil represented the landlord.
  • Boost Mobile leased 1,000 square feet of retail space in Oyster Point Square at 11710 Jefferson Avenue in Newport News, Va. George Fox and Kris Fuller represented the landlord.
  • Logan Marketing Group leased 389 square feet of office space at 201 North Washington Highway in Ashland, Va. Eric Hammond and Dean Foster represented the landlord.

Lease Renewals

  • Advance Auto renewed its lease for 6,000 square feet of retail space in Kmart Plaza at 1220 Russ Avenue in Waynesville, NC. Diana Teitsma represented the landlord.
  • RadixBay renewed its lease for 2,612 square feet of office space in The Irby Building at 11325 North Community House Road in Charlotte. Charles Neil represented the tenant.
  • Sprint renewed its lease for 2,200 square feet of retail space in Wendover Village Shopping Center at 4203 West Wendover Avenue in Greensboro, NC. Charles Neil represented the landlord.
  • Members Credit Union extended its lease for 1,415 square feet of retail space in Bi-Lo Shopping Center at 3333 North Main Street in Hope Mills, NC. Diana Teitsma represented the landlord.
  • The Smoke Shop renewed its lease for 1,260 square feet of retail space in Victory Crossing shopping center at 4006-A Victory Boulevard in Portsmouth. George Fox and Kris Fuller represented the landlord.
  • Chong Chin Chinese Restaurant renewed its lease for 1,200 square feet in Renaissance Square at 11124 Renaissance Square in Davidson, NC. Hutch Farris and Charles Neil represented the landlord.
  • Code Blue 4 U renewed its lease for 800 square feet of retail space in Lake James Shoppes at 5347 Lila Lane in Virginia Beach. Kayla Olson represented the landlord.

About Divaris Real Estate
Divaris Real Estate, Inc. is headquartered in Virginia Beach, VA with offices in Newport News, Norfolk, Richmond and Roanoke, VA; Charlotte, NC; Beverly Hills, CA; and Washington, DC. Divaris Real Estate and Divaris Property Management Corp. are divisions of The Divaris Group, an international real estate brokerage and property management company that currently manages and/or leases over 36.8 million square feet of prime office, retail and industrial space from New Jersey to Florida. Gerald S. Divaris is Chairman of the Board, and Michael B. Divaris is President of Divaris Real Estate, Inc.

Divaris Real Estate is a member of Realty Resources, (http://www.realtyresources.org/) a national group of independent retail property brokers and managers, covering 91 major markets throughout the U.S. DRE is also the Virginia affiliate for The CORE Network, (http://www.corenetworkcre.org/) a national group of office and industrial brokers with affiliates throughout the U.S., Canada, Mexico, Asia and Europe. These organizations represent corporate and institutional clients, tenants and buyers in all aspects of leasing, development, management, sales and acquisitions.

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